ETHUSD is trading sideways with a bullish bias. It hit a high of $3657 yesterday and is currently trading around $3511.
The Securities and Exchange Commission (SEC) Chairman Gary Gensler said that ETHT ETF S-1s will likely get approval by the end of the summer.
According to CryptoQuant, around 542000 ETH moved out of exchange on June 11th. But the number of ETH withdrawn from Exchanges decreased by half on June 12th. This confirms Ethereum trend is directionless.
The intraday bullishness is possible if it holds above $4000. On the higher side, the near-term resistance is $4000. Any significant jump above the target is $4500/$5000. Significant bullish continuation only above $4800.
The immediate support is around $3300. Any breach below $3500 confirms a bearish continuation. A dip to $3200/$3000/$2800 is possible. A violation below $2800 will drag the Ethereum to $2500/$2300/$2000.
It is good to buy on dips around $3300 with SL around $3000 for TP of $4500.


AUD/USD firms slightly ahead US-Iran Peace talks
Sterling Strength: GBPJPY Eyes 217.00 as Inflationary Pressures Mount
FxWirePro: GBP/NZD bears gain momentum awaiting Mideast Geopolitical clarity
FxWirePro: USD/ZAR recovers some ground but upside is limited
Bitcoin Smashes Resistance: BTC Eyes 80,000 USD Milestone as ETF Inflows Surge
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
Euro Under Pressure: EURUSD Retreats Toward 1.1700 as Middle East Tensions Re-Escalate
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
Bitcoin Rises on Diplomatic Hopes: Bulls Eye $85,000 Ahead of Ceasefire Talks 



